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Emma Slack-Jorgensen
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TIGTA: Federal Contracts Awarded to Thousands of Entities With Unpaid Taxes
The Trusted Professional
Despite regulatory and legal bars, federal contractors with unpaid taxes are still winning contracts and grants, according…
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Treasury Report Urges Stricter Enforcement in Wake of Crypto-Asset Fraud
The Trusted Professional
A report issued this month by the U.S. Department of the Treasury has found that consumers lost more than $1.6 billion in…
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PCAOB Makes Plans to Update Several Older Standards
The Trusted Professional
The Public Company Accounting Oversight Board (PCAOB) is finally moving toward updating some older auditing standards, a…
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Regulatory Roundup - September 13-19
The Trusted Professional
CBOCost Estimate H.R. 6734, Keep America’s Refuges Operational Act of 2022 September 16, 2022 As ordered reported by…
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FASB Proposes Rule on Joint Venture Reporting Disclosures
The Trusted Professional
The Financial Standards Accounting Board (FASB) voted on Wednesday to clarify how businesses report on the assets that they…
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Bloomberg Tax Projects Inflation-Adjusted Tax Increases
The Trusted Professional
Bloomberg Tax has released its projections of the IRS's inflation-adjusted tax rates for the coming tax season. Accounting…
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Tax Professionals Enjoy High Levels of Trust, Global Survey Finds
The Trusted Professional
Professional tax accountants outside G20 countries maintain a high level of trust when it comes to the tax system, a…
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IRS Backlog in Processing Net Operating Loss Claims Cost $42 Million in Interest
The Trusted Professional
According to a report issued by the Treasury Inspector General for Tax Administration (TIGTA), the IRS, because of a…
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Inflation Rate Remained High in August
The Trusted Professional
Despite a reduction in gas prices, inflation remained high, as the Consumer Price Index showed a seasonally adjusted rate of…
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